RESIGNATION OF MR RAVI TODI FROM THE POST OF WHOLE TIME DIRECTOR OF THE COMPANY
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Mr. Ravi Todi has tendered his resignation from the post of Whole Time Director of Swati Projects Limited with effect from April 15, 2026. The resignation was noted by the Board of Directors in a meeting held on the same day. The stated reason for resignation is preoccupation and personal reasons. Mr. Shreegopal Daga, Director, has been authorised to file the necessary Form DIR-12 with the Registrar of Companies. No reason for concern is apparent as the company appears to have accepted the resignation smoothly. No immediate successor or replacement has been announced in this filing.
The departure of the Whole Time Director removes a key managerial person from the company. Shareholders should monitor for announcement of a replacement. Until a new appointment is made, governance and operational responsibilities may be managed by existing directors.